Announcing a strategic integration, BlockFills has partnered with Centroid Solutions, known for its institutional-grade connectivity platform, Centroid Bridge, to enhance digital asset trading technology and liquidity solutions.
This collaboration is focused on offering brokers and institutional clients a centralized platform for managing prices, executing trades, generating detailed reports, and accessing BlockFills’ digital asset liquidity 24/7.
BlockFills Aims To Improve Its Digital Asset Trading
BlockFills and Centroid Bridge have joined forces to cater to brokerages’ needs by seamlessly linking liquidity services to clients’ trading platforms. This collaboration streamlines operations, offering clients a cost-effective and efficient solution through a single bridge platform connection.
Nick Hammer, the CEO of BlockFills, expressed that their clients can now utilize a comprehensive ecosystem that facilitates their business growth seamlessly, free from limitations or extra charges. The integration offers widespread connectivity, seamless execution, and round-the-clock access to BlockFills’ liquidity.
It will help BlockFills’ various clientele
BlockFills caters to a wide range of clients, such as OTC desks, exchanges, payments firms, proprietary trading firms, and brokerages. Their multi-asset technology platform tackles liquidity fragmentation problems in the market by offering solutions to institutions in the digital spot, derivatives, and credit markets.
Cristian Vlasceanu, the CEO of Centroid Solutions, highlighted that the partnership empowers its customers by providing extensive digital assets with robust liquidity, opening doors to fresh opportunities within the digital asset sector.
“Venturing into the realm of cryptocurrencies, Centroid Solutions embraces BlockFills as its latest liquidity provider,” he added.
BlockFills has successfully garnered substantial capital from institutional investors in recent years. Notably, in 2021, CME Group joined a funding round. Building on this momentum, the company further solidified its financial standing in 2022 by securing an additional $37 million in a Series A funding round, amassing a total of $44 million since its establishment in 2018.
Centroid’s Latest Strategic Partnerships in 2024
Centroid Solutions recently unveiled a new collaboration with BlockFills, marking one of its latest partnerships. Additionally, Finalto Asia expanded its footprint in the Asia-Pacific region in February through a strategic alliance with Centroid Solutions. This partnership focuses on leveraging Centroid’s Bridge Connectivity Engine and Finalto’s liquidity services to provide cutting-edge solutions that enhance the trading journey for Finalto Asia’s clientele.
Moreover, at the end of last year, Centroid Solutions broadened its services for multi-asset brokers by teaming up with TransactCloud. This partnership not only ensures 24/7 operational assistance but also boosts system interoperability, greatly strengthening Centroid Solutions’ overall capabilities.